Car insurance and van insurance premiums are poised to increase yet again thanks to a lack of competition between insurers, analysts say. Are we having fun yet?
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Google gets into the insurance comparison business
Well here’s something that certainly took long enough: Internet giant Google has finally poked its head into the car and van insurance comparison business.
Prepare for a 10 per cent premium hike this year, AA says
Brace yourselves, blokes: the AA says drivers can see car insurance and van insurance premiums go up by around 10 per cent over the coming year.
2014 in review: enjoy it while it lasts
New data for 2014 in total shows that car and van insurance rates fell for the year – but experts say don’t get used to the phenomenon.
Do you want the good news first or the bad news?
Well, it looks like there’s good news and there’s bad news when it comes to car insurance and van insurance costs in the UK. I hope you’re sitting down!
Consumer laziness costs when it comes to insurance costs
If you’re not a big fan of shopping around for car insurance or van insurance every year, guess what: your laziness is costing you – likely more than you think.
So which way are insurance premiums actually going?
So here’s one that will stretch your mind: one insurer says car insurance and van insurance is going down in price whilst another says it’s rising.
Insurance rates are up – and male motorists bear the brunt
Rates on car insurance and van insurance are creeping upwards – and if you’re a male motorist you’re likely to bear the brunt of the new price increases.
Hold on to your keys before you no longer need them
Take car of your car keys, gents; most insurance policies don’t cover their loss. Then again, your keys might not be needed all that soon anyway.
The party’s over: insurance rates are going back up
So much for good times: it looks like cheap insurance rates are coming to an end, thanks to a number of ‘perfect storm’ issues in the industry.